Economic development funding is used by both parties in most, if not all, states around the country. Many governors feel like they must use these tools to make their states competitive.
It goes without saying that when the government gets involved with paying businesses to locate in a state or community, it runs the risk that the plan will go south. Picking winners and losers is an inherently risky business. Hopefully, the state officials making the funding decisions have analyzed the risk in a way that provides maximum protection to taxpayers.